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Listed by Kristin Plummer • Crown Homes Real Estate
$ 4,000,000
Est. payment | /mo
0.9 Acres Lot
$ 4,000,000
Est. payment | /mo
0.9 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DENC2092348
Year Built 1972
Annual Tax Amount $12,681
Tax Year 2025
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 329.50 x 220.70
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Prime Investment Opportunity in New Castle!
Discover this well-maintained 24-unit apartment complex, featuring two solid brick buildings—each with 12 spacious units. The property offers 22 two-bedroom, one-bath apartments with a consistent, efficient floor plan, and 2 one-bedroom, one-bath units, providing a versatile mix for tenants.
Residents will appreciate the ample on-site parking and playground area, enhancing tenant satisfaction and retention. With its durable brick construction, desirable location, and strong rental potential, this property is the investment opportunity you've been waiting for.
Don't miss your chance to own a stable, income-producing asset in a convenient New Castle location near Wilmington University Campus, route 13, and much more.
Discover this well-maintained 24-unit apartment complex, featuring two solid brick buildings—each with 12 spacious units. The property offers 22 two-bedroom, one-bath apartments with a consistent, efficient floor plan, and 2 one-bedroom, one-bath units, providing a versatile mix for tenants.
Residents will appreciate the ample on-site parking and playground area, enhancing tenant satisfaction and retention. With its durable brick construction, desirable location, and strong rental potential, this property is the investment opportunity you've been waiting for.
Don't miss your chance to own a stable, income-producing asset in a convenient New Castle location near Wilmington University Campus, route 13, and much more.
Location
State DE
County New Castle
Area New Castle/Red Lion/Del.City (30904)
Zoning NCAP
Interior
Hot Water Electric
Heating Other
Cooling Other
Heat Source Electric
Exterior
Garage Spaces 24.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 24
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Colonial
Others
Tax ID 10-019.10-160
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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